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Title : Federal Reserve Chairman Powell Responds To Attacks From Trump
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Federal Reserve Chairman Powell Responds To Attacks From Trump

The coin printer has spoken.

Federal Reserve Bank Chairman Jerome Powell addressed President Trump's repeated attacks on the key banking concern on Wednesday, though non directly, when Dallas Federal Reserve President Robert Kaplan asked him well-nigh criticism from "political leaders":

We accept a real of import undertaking that Congress has assigned us: serve earth ... That's our sole focus. We don't endeavour to command things nosotros don't control. We endeavour to command the controllable. We're merely trying to create our jobs, together with we're doing fine. (via Axios)

Powell besides said the U.S.A. economic scheme "is inward such a skillful house correct now" together with credited the Fed monetary manipulation policy for helping to engineer that growth:

"I'm real happy well-nigh the terra firma of the economic scheme now," he said inward an interview amongst Dallas Fed President Robert Kaplan. "Our policy is business office of the argue why our economic scheme is inward such a skillful house correct now. (via CNBC)

For the truth well-nigh Fed policy since its inception see: The Fed Flunks: My Speech at the New York Federal Reserve Bank 

-RW 

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